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Zoho CEO Sridhar Vembu has no ‘confidence in tech’, shelves $700 million chip plan

IANS | May 1, 2025 7:04 PM

New Delhi, May 1 (IANS) Software major Zoho has put its ambitious $700 million semiconductor chip manufacturing project on hold, and the company’s Co-founder Sridhar Vembu on Thursday said they were not confident enough in the current technology path to proceed.

Zomato’s net profit turns stale with 77 pc decline at Rs 39 crore in Q4

IANS | May 1, 2025 4:22 PM

New Delhi, May 1 (IANS) Eternal Ltd (formerly Zomato) on Thursday reported a massive 77 per cent decline in consolidated net profit at Rs 39 crore in the fourth quarter (Q4 FY25) -- from Rs 175 crore in the year-ago quarter.

Adani Enterprises' net profit surges 7.5x to Rs 3,845 crore in Q4, incubating businesses shine

IANS | May 1, 2025 3:53 PM

Ahmedabad, May 1 (IANS) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday announced robust financial results, with net profit surging 7.5 times to Rs 3,845 crore in Q4 FY25 compared to Rs 449 crore in the same period in FY24.

Hiring activity in India up 9pc in April; pharma, realty and GCC sectors shine: Report (lead)

IANS | May 1, 2025 3:40 PM

New Delhi, May 1 (IANS) White-collar hiring in India witnessed a healthy start to FY 2025-26, registering a 9 per cent year-on-year growth in April, according to a report on Thursday.

Daily UPI transactions surge to 596 million in April, value touches Rs 24 lakh crore

IANS | May 1, 2025 1:46 PM

New Delhi, May 1 (IANS) The number of daily Unified Payments Interface (UPI) transactions in the country rose to 596 million in April, up from 590 million in March, according to National Payments Corporation of India (NPCI) figures released on Thursday.

Study finds long Covid biomarkers in blood linked to respiratory problems

IANS | May 1, 2025 12:34 PM

New Delhi, May 1 (IANS) A team of Swedish researchers has identified biomarkers in the blood associated with symptoms of long Covid, particularly severe respiratory disorders.

Absolutely false: Tesla chair denies report about replacing Musk as CEO

IANS | May 1, 2025 12:04 PM

New Delhi, May 1 (IANS) After a report claimed that electric car maker Tesla’s board is planning to replace Elon Musk as CEO, Robyn Denholm, Chairman of the board of directors at Tesla Motors, on Thursday denied the report, saying “this is absolutely false “.

Increasing urban vegetation can save over 1.1 mn lives from heat-related deaths: Study

IANS | May 1, 2025 11:06 AM

New Delhi, May 1 (IANS) Amid increasing global warming and heat-related deaths worldwide, a new study has shown that expanding urban vegetation cover by 30 per cent could save over one-third of all deaths caused due to heat, saving up to 1.16 million lives globally.

Govt aims to develop northeast into India’s growth region: Jyotiraditya Scindia

IANS | May 1, 2025 9:32 AM

Mumbai, May 1 (IANS) The government aims to develop the northeast region into India’s growth region by including all eight states together, Union Minister for Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, has said.

‘WAVES 2025’ brings spotlight on India’s vibrant media and entertainment sector

IANS | April 30, 2025 10:04 PM

Mumbai, April 30 (IANS) The World Audio Visual and Entertainment Summit (WAVES 2025) is set to begin in Mumbai from May 1-4 -- a first-of-its-kind global event to bring the spotlight on India’s vibrant media and entertainment sector.

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